LATAM Airlines Group sees modest growth in 2014

LATAM Airlines Group is predicting a rise in profitability and a rise in operating margin of between 6 percent and 8 percent in 2014.
The airline expects cargo capacity to stay relatively the same compared to 2013, predicting growth of between -2 percent and 0 percent after growth this year of between 0 percent and 2 percent.
LATAM also predicts a drop in jet fuel costs to an average cost of $120 per barrel.
Earlier this month, TAM Cargo celebrated the opening of its largest cargo terminal in Brazil, part of the group's $20 million infrastructure investment in Brazil.
LATAM Airlines Group, a merger between LAN Airlines and TAM S.A., just celebrated its first anniversary.